EU Targets Complete Ban on Russian Gas Imports by 2027

EU Targets Complete Ban on Russian Gas Imports by 2027

The European Commission has proposed a plan to phase out imports of Russian gas, oil and nuclear material by the end of 2027. The plan, which was published on Tuesday, outlines a phased approach to reducing dependence on Russian energy sources. The Commission’s President, Ursula von der Leyen, said that the war in Ukraine had highlighted the risks of energy dependence and the need to break off relations with an unreliable supplier. The Commission will present concrete legislative proposals to member states in June. The plan aims to increase global liquefied natural gas (LNG) supplies while reducing gas demand. The Commission’s goal is to reduce the EU’s dependence on Russian energy sources and to ensure a more secure and sustainable energy supply for the continent.